KUALA LUMPUR: The ringgit ended lower against the US dollar today in line with its Asian peers as sentiment turned cautious ahead of comments from Federal Reserve (Fed) officials this week, dealers said. At 6pm, the local unit was traded at 4.4640/4680 against the greenback from 4.4600/4640 on last Friday. “President-elect Donald Trump’s inauguration on Jan 20, also contributed to the cautious sentiment,” he added. The ringgit, meanwhile, traded mostly higher against a basket of major currencies, except the Japanese yen. However, the ringgit slipped against the yen to 3.9069/9107 from 3.8898/8949.

Source: New Strait Times January 16, 2017 10:52 UTC